Media releases

Change to the board of directors

26 January 2021

Johannesburg, South Africa. 26 January 2021. In compliance with paragraph 3.59(b) of the JSE Limited Listings Requirements, shareholders of DRDGOLD Limited are advised that Mr Geoffrey Campbell, independent non-executive chairman of the board of directors of the Company (“Board”), has advised the Company that he does not intend to make himself available for re-election as a member of the Board when his current contract expires on 30 November 2021.

In his notification Mr Campbell said, “I have been a director since June 2002 and it has been an amazing journey. Together, we have built a very successful and socially responsible company of which we can all be very proud. With our attention focused on Southern Africa and as a subsidiary of Sibanye-Stillwater, there is little rationale for a UK-based chairman. November would be a natural time to hand over.

Accordingly, Mr Campbell’s tenure as director and chairman of the Board will come to an end with effect from 1 December 2021. The timing of his notification affords the Company ample time to identify a suitable successor.

Since taking up the role of chairman in 2006, Mr Campbell has overseen the successful disposal of DRDGOLD’s subsidiary, Emperor Mines, and guided the Company in its transition from a predominantly deep-level underground gold miner to a leading surface recycling enterprise, paying a dividend to shareholders for 13 uninterrupted years and with a keen focus on social and environmental value. His crowning achievement was the successful acquisition of the Far West Gold Operations in 2019 and the 680% surge in the Company’s market capitalisation for the financial year ended 30 June 2020, earning it the coveted number one spot in the Sunday Times 100 Top Companies Award in 2020.

Queries
James Duncan
R&A Strategic Communications
+27 (0) 11 880 3924 (office)
+27 (0) 79 336 4010 (mobile)
james@rasc.co.za

Taryn van Olden
R&A Strategic Communications
+27 (0) 11 880 3924 (office)
+27 (0) 79 527 6882 (mobile)
Taryn@rasc.co.za